The Impact of Identity on Satisfaction toward Entrepreneurial Environment: A Case Study

Fan Tian,Liu Liu,Daqing Gong

doi:10.1155/2021/7234635

Fan Tian, Liu Liu + Show 1 more

Open Access

https://doi.org/10.1155/2021/7234635

Copy DOI

Abstract

With the evolution of economic theory and the change of actual environment, the research on returnee entrepreneurs owns new significance. This article uses Chinese returnee entrepreneurs in Beijing areas as a sample to test the halo effect after returnee entrepreneurs encounter financing expectations violation and uses the theory of identity economics to explain the cause of this halo effect. Questionnaire survey, correlation analysis, and multiple regression were used in this study. The conclusion shows that after overseas returnees encounter a violation of financing expectations, not only will they lower their satisfaction with the financing environment but also this negative sentiment will spread to the two areas of policy support environment and entrepreneurial culture environment. The halo effects produced by returnees of different identity types are different, and the halo effect produced by returnees who identify with their own talents will be more obvious.

Highlights

Driven by factors such as the continuous development of China’s economy and changes in the international environment, the number of Chinese returnees and their ratio among overseas Chinese talents are on the rise
Enterprises established by Chinese returnees are more innovative and play a significant role in promoting the development of local high-tech enterprises (Liu, 2010; Filatotchev, 2011) [1]. e Chinese government recognizes the importance of Chinese returnees, and governments at all levels have put in place numerous policies to attract Chinese returnee entrepreneurs
Correlation Analysis. e results of correlation analysis show strong correlations (Table 3) between satisfaction toward the financing environment for entrepreneurship, satisfaction toward the policy support environment, and satisfaction toward the cultural environment for entrepreneurship, indicating that Chinese returnee entrepreneurs see some similarities between the three aspects of the entrepreneurial environment

Summary

Introduction

Driven by factors such as the continuous development of China’s economy and changes in the international environment, the number of Chinese returnees and their ratio among overseas Chinese talents are on the rise. The elites among returnees, have accumulated rich human capital overseas, giving rise to theoretical and Discrete Dynamics in Nature and Society practical significance for research on their identity issues. On the one hand, existing research on identity lacks empirical studies based on Chinese returnees, making an empirical study on them helpful in developing theories of identity economics. The research findings of Wang et al (2018) show that a halo effect would result from the violations of expectations of Chinese returnee entrepreneurs during their financing endeavors, which leaves much room for further discussions [2]. Identity economics may provide a clearer interpretation of such phenomenon

Literature Review

Hypotheses Development

Design of Questionnaires

Research Results

F R2 ΔR2